Legal Opinion

Redlands Sec. Co. v. Commissioner

United States Board of Tax Appeals

Decided December 30, 1926No. Docket No. 5703Published

Rates of depreciation to be used or to be considered in determining gain resulting from sale of orange orchards determined.

1Opinion of the Court

REDLANDS SECURITY CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Redlands Sec. Co. v. Commissioner

Docket No. 5703.

United States Board of Tax Appeals

5 B.T.A. 956; 1926 BTA LEXIS 2723;

December 30, 1926, Promulgated

Rates of depreciation to be used or to be considered in determining gain resulting from sale of orange orchards determined.

Halsey W. Allen, Esq., for the petitioner.

D. D. Shepard, Esq., for the respondent.

LANSDON

The Commissioner has found a deficiency in income and profits tax for the year 1920 in the amount of $308.57. The controversy arises from the Commissioner's…

2Cases cited1 opinion

  1. Redlands Sec. Co. v. CommissionerUnited States Board of Tax Appeals · 1926

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